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grandparents, mothers and fathers who are back here in this country while on the front lines of iraq and afghanistan. today we just voted h.r. 2650 to, in fact, establish a club of losers for these patriots who have served their country. what a shame. what a shame. i yield back. the speaker pro tempore: for what purpose does the gentleman from louisiana rise? without objection. mr. scalise: mr. speaker, the house finally passed a real plan that addresses this nation's spending crisis. i think many american families know that washington has a spending problem because they have been living within their means. they have wen been trying to figure out to do what what they've got. and we passed a plan that actually would cut, cap and balance and controls spending in washington. and what's the president's plan? we have still yet to hear his plan. we hear speeches and class warfare where the president puts one part of america against the other. if he confiscated every dollar, it wouldn't address the problem. it's time to get real. if the president wants to get serious about addressing the spending problems,
grandparents, mothers and fathers who are back here in this country while on the front lines of iraq and afghanistan. today we just voted h.r. 2650 to, in fact, establish a club of losers for these patriots who have served their country. what a shame. what a shame. i yield back. the speaker pro tempore: for what purpose does the gentleman from louisiana rise? without objection. mr. scalise: mr. speaker, the house finally passed a real plan that addresses this nation's spending crisis. i think...
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Jul 20, 2011
07/11
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. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge them. foreclosure. that sort of thing going on. this has been a politically embarrassing process of writing wrongs done against members of the military in active duty. host: gym as white as a deployed serviceman and against paying his mortgage -- jim asked why a deployed servicemen against paying his mortgage? guest: he is not exempt against paying his mortgage. is exempt against being foreclosed on. as it has been explained to me, a service member might be in the field for a week or two and have virtually no contact with the
. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge...
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Jul 20, 2011
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would you say the fact that you work together and serve together in afghanistan is actually a better situation than if one of you had stayed back because you would live difficult lives and separate lives? >> i didn't hear the question. >> so what i'm asking, sergeant -- >> i'm sorry, what was the question? >> no problem. i know there's a delay here. the fact that you guys get to work together and spend time together, it sounds like it's working out quite well compared to many of those who serve with you where one of them is in the united states. >> yes, it's great having him out here. i know most of us -- well, almost everybody has to leave their loved ones behind, but it's great to see him every day here and be able to talk to him as much as we do. >> sergeant and corporal, thank you very much for what you do there. thank you for your time today and sharing with us how you've made it work serving together there in afghanistan, which is so important to all of us here in the united states. thank you again for your time. >>> and yet another twitter milestone for justin bieber and his t
would you say the fact that you work together and serve together in afghanistan is actually a better situation than if one of you had stayed back because you would live difficult lives and separate lives? >> i didn't hear the question. >> so what i'm asking, sergeant -- >> i'm sorry, what was the question? >> no problem. i know there's a delay here. the fact that you guys get to work together and spend time together, it sounds like it's working out quite well compared to...
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Jul 20, 2011
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but i did want to bring up a couple of instances where i've had clients who were fighting in afghanistan at the same time they were fighting wells fargo on mainland because wells fargo refuse to accept their allotment pay, even though they were current. i've received e-mails from singapore from a gentleman with top-secret clearance who was current in his mortgage, and he was still being turned over to an attorney to proceed with mortgage foreclosure proceedings. this gentleman eventually was going to lose his home because he could not handle the stress of being on the job near singapore as well as having his home lost for his family and his children. this automatically as going to affect the morale of the military service, the military lending act does not at all protect our veterans, and it also does not protect other citizens who should be protected by these unregulated or under regulated aggressively marketed, high interest loan products. thank you. >> thank you, ms. drysdale. mr. pincus, you may proceed. >> thank you, mr. chairman and members of the committee. it is an honor to testi
but i did want to bring up a couple of instances where i've had clients who were fighting in afghanistan at the same time they were fighting wells fargo on mainland because wells fargo refuse to accept their allotment pay, even though they were current. i've received e-mails from singapore from a gentleman with top-secret clearance who was current in his mortgage, and he was still being turned over to an attorney to proceed with mortgage foreclosure proceedings. this gentleman eventually was...
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Jul 20, 2011
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he's the third civilian to receive that honor from the wars in iraq and afghanistan. >> steve: what a story. >> alisyn: nail biting moment at the championship motor cross match in minnesota. look at this. >> whoa! we got trouble! zachary is down ask down hard! >> alisyn: that was motor cross rider chad reid. he was in the lead before wiping out with 450 riders coming straight at him full speed. even more incredible, reed remounted his bike, as you can see, moments later, finishing a respectable 14th in this race. wow. those are your headlines. >> brian: got to tell you what happened in the house yesterday. we heard the vote was taking place and it did. in the end it passed. cut, cap and balance and a time tally of 234-190. five democrats said that sounds good to me, but yet nine republicans defected and voted with democrats. in the end, it passed. but the republicans can say, look, you voted me into office. you wanted me to cut the budget. i did exactly that. but i only have one branch of government. >> steve: exactly right. now that it passed the house of representatives, it's intere
he's the third civilian to receive that honor from the wars in iraq and afghanistan. >> steve: what a story. >> alisyn: nail biting moment at the championship motor cross match in minnesota. look at this. >> whoa! we got trouble! zachary is down ask down hard! >> alisyn: that was motor cross rider chad reid. he was in the lead before wiping out with 450 riders coming straight at him full speed. even more incredible, reed remounted his bike, as you can see, moments later,...
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Jul 20, 2011
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why do you lay all the debt at the feet of president obama when it's clear that the wars in iraq and afghanistan added to the nation's debt? >> it did. he's the commander in chief he could have removed our troops at any point in time. let's taung about barack obama's position in washington, d.c. during the six years he's been in washington our accumulated national debt has increased by more than 50 percent. what is president obama's response been now and as a senator to increase spending even more, not to cut it. but to increase spending even more. two years as a freshman senator, the debt goes up $400 billion because of deficits. two years when he's in the majority of the united states senate, it goes up $1.8 trillion. now it's up $2.8 trillion while he's president. >> you're simplifying the issues on the plate of the nation at that point. we were looking at going -- reverting into a depression at that point. everyone the fed chairman -- >> i disagree. >> do you have a degree in economics? >> yes, ma'am, i do. highest honors. >> okay. so you disagree with the fed chairman, ben bernanke. you dis
why do you lay all the debt at the feet of president obama when it's clear that the wars in iraq and afghanistan added to the nation's debt? >> it did. he's the commander in chief he could have removed our troops at any point in time. let's taung about barack obama's position in washington, d.c. during the six years he's been in washington our accumulated national debt has increased by more than 50 percent. what is president obama's response been now and as a senator to increase spending...
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Jul 20, 2011
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so the iraq war and the afghanistan war. the other thing is this downturn in the economy. the downturn in the economy occurred in 2008. how did it happen, why did we have that crash of the american economy? we had it because the federal government stepped back from regulating the financial institutions, allowing them to run wild, assuming that they would be smart enough to regulate themselves. that didn't happen. they were smart enough to be extraordinarily greedy. wall street went on a greed binge and the result was the collapse of the financial industry. needless to say there were other players in this game and many americans, hundreds of thousands of americans joined in the game and took out mortgages, bought house that there was no way they could possibly afford. the financial industry, the mortgage industry and wall street bankers and we wound up with the great collapse of 2008. to deal with that the bailout of wall street occurred, most of that has now been paid back. it worked. did it work for the benefit of americans? well, it stabilized the financial institutions
so the iraq war and the afghanistan war. the other thing is this downturn in the economy. the downturn in the economy occurred in 2008. how did it happen, why did we have that crash of the american economy? we had it because the federal government stepped back from regulating the financial institutions, allowing them to run wild, assuming that they would be smart enough to regulate themselves. that didn't happen. they were smart enough to be extraordinarily greedy. wall street went on a greed...